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Does maximally incompleteness cause nonvanishing of the extension of maximal ideal of a valuation ring by rank 1 free module?

In B. Bhatt's lecture notes[1], Remark 4.2.5 says ... $\operatorname{Ext}_R^2(k,R)$ is non-zero if $K$ is not spherically complete. which amounts to the following pure algebraic question. Statement ...
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Valuation ring satisfying either a.c.c. or d.c.c. on prime ideals

If a commutative ring with unity has finite Krull dimension, then it satisfies a.c.c. and d.c.c. on prime ideals. The converse is not true in general, as can be seen from here An infinite dimensional ...
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